January 05, 2023 | Daily Business Review
Stocks Drop as Labor Data Keep Traders on EdgeThe Federal Reserve has indicated that tight labor conditions give it room to keep at its battle against rising prices.
By Vildana Hajric
3 minute read
January 03, 2023 | Daily Business Review
Tech Continues to Pummel US Stocks; Dollar GainsInvestors, still cautious after their wagers missed the mark in 2022, expect a volatile year of trading as uncertainty about the U.S. economy persists.
By Vildana Hajric and Isabelle Lee
3 minute read
December 30, 2022 | Daily Business Review
MicroStrategy Sells Bitcoin for First Time, But Remains Net BuyerBitcoin on Wednesday traded at around $16,650, having lost more than 60% for the year, a decline that puts it on pace for one of its worst annual stretches on record.
By Vildana Hajric
3 minute read
December 21, 2022 | Daily Business Review
Stocks Hold Gains on Earnings, Consumer ConfidenceFresh U.S. data indicated that the Federal Reserve's persistent rate hikes are serving their purpose, but a recession may still be at bay.
By Vildana Hajric
2 minute read
September 06, 2022 | Daily Business Review
Bitcoin Seen Poised to Escape From Tightest Range in 2 YearsCryptocurrencies have stagnated since June, when prices tumbled in the aftermath of the collapse of the Terra stablecoin ecosystem, the demise of hedge fund Three Arrows Capital and the bankruptcies of Voyager Digital and Celsius Network.
By Muyao Shen and Vildana Hajric
3 minute read
August 15, 2022 | Daily Business Review
Crypto Says Institutions Are Back, Though Retail Has Cold FeetBlackRock partnered with Coinbase Global to make it easier for institutional investors to manage and trade Bitcoin and is offering its first-ever investment product directly in the cryptocurrency.
By Vildana Hajric and Immanual John Milton
4 minute read
August 08, 2022 | Daily Business Review
Bitcoin Believers Are Back to Watching Stocks After Crypto CrashStocks are mostly up over the last few weeks and so is Bitcoin, which has added roughly 25% since the start of July.
By Vildana Hajric
4 minute read
June 13, 2022 | Daily Business Review
Why Bitcoin Sees Most of Its Gains While US Traders SleepA hypothetical strategy that buys the coin at the equity-market close and sells it at the next day's open yields gains of roughly 260% going back to the start of 2020, according to Bespoke Investment Group.
By Vildana Hajric and Katie Greifeld
5 minute read
May 13, 2022 | Daily Business Review
Crypto-Market Panic Subsides With Prices, Tether StabilizingU.S. Treasury Secretary Janet Yellen said Terra's tumble showed the dangers of tokens that purport to be pegged to the U.S. dollar.
By Vildana Hajric
4 minute read
April 12, 2022 | Daily Business Review
Robinhood Lists 4 Crypto Tokens, Including Shiba, SolanaRobinhood recently announced the rollout of its cryptocurrency wallet, which granted access to more than 2 million customers who were on a waiting list for the product.
By Vildana Hajric and Muyao Shen
3 minute read
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